The Weekly Bull Report – May 15, 2022 🗞

Welcome to the 201st edition of The Weekly Bull Report.

Here’s a shortlist of the content we found interesting and informative over the past week…

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🤔 Interesting Articles & News:

POLITICS

 

ECONOMICS

 

CULTURE

 

SOCIETY

 

TECHNOLOGY

 

MEDICINE & SCIENCE

 

CANNABIS & PSYCHEDELICS

 

SPORTS

 


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💲 Noteworthy Stocks & Assets:

 


🚨 Investment Opportunity: Ridgeline Therapeutics 🔬

Brought to you by Longevity Technology:

Longevity.Technology is fundraising for Ridgeline Therapeutics, a US biotechnology company, that is on a mission to reverse age-related decline in muscle strength, which is linked to lower quality of life and increased morbidity. 💪

Ridgeline’s NNMTi is slated to be the first FDA-approved drug to reverse declines in muscle strength; it is protected by a strong IP portfolio and will be delivered as a daily pill to restore muscle strength and function in the elderly. NNMTi demonstrates superior characteristics compared to competing therapeutics. 👩‍🔬

Preclinical safety and efficacy data have significantly de-risked IND filing and there is a clear path for expansion of clinical indication and clinical development; a fast FDA approval strategy will be employed by the team. ☑️

The experienced leadership team of successful entrepreneurs and scientists has secured $8.95 million in grant funding.

➡️ Link to the deck ⬅️

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Earnings spotlight:

Monday, May 16 – Tower Semi (TSEM), Take-Two Interactive (TTWO), Tencent Music (TME), and Global-E Online (GLBE).

Tuesday, May 17 – JD.com, Walmart (WMT), Home Depot (HD), Macy’s (M)

Wednesday, May 18 – Lowe’s (LOW), Analog Devices (NASDAQ:ADI), Cisco (NASDAQ:CSCO), and Target (TGT).

Thursday, May 19 – Kohl’s (NYSE:KSS), Applied Materials (AMAT), Palo Alto Networks (PANW), Ross Stores (NASDAQ:ROST) and Kohl’s (KSS).

Friday, May 20 – Deere (NYSE:DE) and Foot Locker (FL).

 


IPOs expected to start trading this week:

No new IPOs are expected to start trading this coming week. Quiet periods expire on JE Cleantech (JCSE) and Aclarion (NASDAQ:ACON) to free up analysts to post ratings. Companies rolling off their IPO lockup periods include Sono Group (NASDAQ:SEV), UserTesting (USER), E-Home (EJH), Vivakor (VIVK), Finwise (FINW), Snow Lake Resources (NASDAQ:LITM), Sweetgreen (NYSE:SG), and Advanced Human Imaging (AHI).

 


What Moved the Markets:

U.S. Indices
Dow -2.1% to 32,197. S&P 500 -2.4% to 4,024. Nasdaq -2.8% to 11,805. Russell 2000 -2.6% to 1,793. CBOE Volatility Index -4.4% to 28.87.

S&P 500 Sectors
Consumer Staples +0.3%. Utilities -1.3%. Financials -4.9%. Telecom -0.2%. Healthcare -2.%. Industrials -2.6%. Information Technology -3.5%. Materials -2.5%. Energy -2.9%. Consumer Discretionary -3.4%.

World Indices
London +0.4% to 7,418. France +1.7% to 6,363. Germany +2.6% to 14,028. Japan -2.1% to 26,428. China +2.8% to 3,084. Hong Kong -0.5% to 19,899. India -3.7% to 52,794.

Commodities and Bonds
Crude Oil WTI +0.4% to $110.16/bbl. Gold -3.9% to $1,810.3/oz. Natural Gas -5.2% to 7.622. Ten-Year Bond Yield -0.2 bps to 2.928.

Forex and Cryptos
EUR/USD -1.32%. USD/JPY -1.03%. GBP/USD -0.59%. Bitcoin -17.3%. Litecoin -28.1%. Ethereum -23.%. XRP -26.5%.

Top S&P 500 Gainers
Viatris (VTRS) +11%. Electronic Arts (EA) +8%. International Flavors & Fragrances (IFF) +8%. Duke Realty (DRE) +8%. Etsy (ETSY) +7%.

Top S&P 500 Losers
Twitter (TWTR) -18%. The Boeing (BA) -15%. Signature Bank (SBNY) -14%. Ball (BLL) -14%. WestRock (WRK) -13%.

 


🎯 Stocks On Our Radar:

 


🏆 Quotes That Inspire Us:

”A successful man is one who can lay a firm foundation with the bricks others have thrown at him.”

– David Brinkley

 


📖 Word Of The Week:

Turpitude | tur·puh·tood |, noun –  refers to an inherent lack of integrity or morality, or to an evil or immoral act. It is frequently used in legal contexts in the phrase “moral turpitude.”

“Crimes such as theft and perjury may involve moral turpitude.”

 


Did You Know:

1% better, every day.

We tend to underestimate how small improvements add up. If you get 1% better at something every day, that doesn’t feel like much. You might not even notice it at first. Keep at it, and progress becomes remarkable though. 1% better each day means 37 times better after one year.

 


📚 Books We Are Reading:

 


🤣 One-Liners:

After years of scrimping and saving a husband told his wife the good news: “Honey, we’ve finally got enough money to buy what we started saving for in 1979.”

“You mean a brand-new BMW?” she asked eagerly.

“No,” said the husband, “a 1979 BMW.”

 


📽 A Must Watch & Listen:

Elon Musk talks to the Financial Times about Twitter, Tesla, and Trump. 🎥

JPMorgan CEO Dimon on Fed, Energy Policy, Ukraine War. 🎥

 


📆 Upcoming Events:

The Fierce Leaders in Life Sciences Forum brings together forward-thinking minds from today’s life sciences industry and features C-suite and executive leadership insights on the end-to-end drug development process.

May 24, 2022 | 10:30am – 4:00pm EST.

> REGISTER HERE <

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Our very best wishes for a brilliant upcoming week! 💪

Respectfully yours,

The IBR Team

Please send any news, comments, or stock ideas to jeff@internetbullreport.com and follow IBR on Twitter @IBullReport Resultado de imagen de twitter logo

All content provided by Internet Bull Report is for informational and educational purposes only and is not meant to represent trade or investment recommendations.

 

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Born in Toronto Lived in Nassau, Bahamas - Palm Beach, Florida - Las Vegas, Nevada - Barcelona, Spain, and now residing in beautiful Cape Town, South Africa. I back bright entrepreneurs with big ideas related to Artificial Intelligence, Machine Learning, realtime platforms and price discovery. Make everyday remarkable!